Bitcoin Wallet Flows Reinforce Analyst Claims that a Price Crash is Unlikely After US Venezuela Strike

Why Bitcoin Did Not Crash After the Capture

Generally, the Bitcoin price drops when perception is that there will be less money in the economy. For example, in early 2025 when President Trump started imposing new tariffs, the general perception was that prices on consumer goods would increase.

As a result, Bitcoin dropped to its lowest price for the whole of 2025 at around $76,000.

Similarly, in June 2025, when Israel launched airstrikes on Iran, Bitcoin also dropped by about 3% within 90 minutes.

As crypto analyst Tyler Hill said on X, “generally the market really nukes when we expect things to get worse afterwards which doesn’t seem to be the case.”

On-chain data from Cryptoquant supports this sentiment as the Bitcoin exchange netflow, a metric which tracks whether Bitcoin is moving into or out of exchanges, shows continued outflow from exchanges.

When Bitcoin flows into exchanges this is normally an indication of investors looking to sell Bitcoin. However, for the past week the opposite has been the case, there have been no rising inflows.

Why Bitcoin Reacted Positively to Maduro’s Capture

Maduro’s capture brings his authoritarian regime to an end, while at the same time giving the United States more control over the largest oil reserves in the world.

The United States has pledged to rebuild Venezuela’s aging oil infrastructure and oversee a fair transition to a democratically elected leader.

On top of this, Venezuela holds 161 metric tons of gold reserves, valued at $22 billion, as well as reportedly around 600,000 Bitcoin. A potential seizure or freeze of this Bitcoin reserve could lock up around 3% of Bitcoin’s circulating supply.

The United States now has access to these resources, of course there is a human cost but from the point of view of the economy and markets it is a positive.

When it comes to the people of Venezuela, Italian Prime Minister Giorgia Meloni stated that “Maduro’s exit opens a new chapter of hope for the people of Venezuela, who will be able to once again enjoy the basic principles of democracy and the rule of law”.

8 million Venezuelans, roughly 28 percent of their entire population, have fled the country since 2014. This was due to economic collapse and political instability caused by Maduro’s policies and decisions.

Best Bitcoin Wallets

The sustained outflow from exchanges suggests that investors are not preparing to sell, but instead are moving Bitcoin into self custody wallets. During periods of geopolitical uncertainty, many long term holders prefer to keep control of their assets rather than leave them on centralized platforms.

That alone explains why decentralized, self-custodial wallets like Best Wallet are gaining more traction than ever. Best Wallet is fairly young, as it emerged less than two years ago, but has quickly positioned itself among the most popular new wallets, attracting large numbers of users across the globe. 

Interestingly, newcomers and experienced investors are drawn to this wallet for several reasons. First is the fact that its interface is intuitive and easy to navigate, which makes it easier to get into the crypto sector. 

The wallet is also very safe, as it lets users hold both private and public keys, meaning no one except them can access their assets. At the same time, it doesn’t require users to complete KYC checks, thus letting them engage in both basic and advanced trading anonymously.

Plus, it supports buying, sending, and swapping of thousands of cryptocurrencies across multiple blockchains, including Bitcoin, Ethereum, Solana, Base, Polygon, and Binance Smart Chain. Since all of this can be done within the wallet itself, users don’t have to move their assets to and from other platforms, which helps them save money on transfer fees. 

And for those who already hold assets in other wallets, Best Wallet is compatible with those wallets, fostering seamless management of assets. 

It is also worth noting that the wallet comes packed with other benefits like portfolio management, fiat payment, staking facilities, iGaming perks, and a token launchpad. 

Analysts at 99Bitcoins, a leading crypto education channel with over 700k subscribers, have reviewed Best Wallet, highlighting it as a well-rounded option for anyone seeking security, anonymity, and usability in one place. 

Download Best Wallet

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